CINCINNATI — Susan Arnold, 29-year veteran and president of Proctor & Gamble''s global business units, announced her retirement on Monday, according to Reuters.
Arnold, who turned 55 on Sunday, had long planned to retire once she reached that age, the story stated.
Arnold will remain with Proctor & Gamble and serve on a "special assignment" until her retirement becomes official on September 1, the story noted.
The company has decided not to fill Arnold''s vacant role for the time being, the story added.
According to the story, three vice chairmen who reported to Arnold will now report directly to A.G. Lafley, Proctor & Gamble''s CEO.
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